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Startup · United States

MatX

HQ Mountain ViewFounded 202311-50 employees

MatX is revolutionizing artificial intelligence by designing high-throughput chips specifically optimized for large language models (LLMs). Founded by former Google engineers Mike Gunter and Reiner Pope, the company focuses on maximizing performance for substantial AI models, delivering up to 10 times more computing power compared to existing solutions. This advancement enables AI laboratories to develop more intelligent and practical models, making sophisticated AI accessible even to small startups.

Website

Funding3 rounds · $648M

Equity raised
$648M
Latest
$528MStage undisclosed · Feb 18, 2026
Cumulative raised$648M
Dec 4, 2023Feb 18, 2026
  • Undisclosed
    Confirmed
    $528M
    Feb 18, 2026
  • Undisclosed
    Confirmed
    $95.0M
    Nov 22, 2024
  • Undisclosed
    Confirmed
    $24.9M
    Dec 4, 2023

Raised counts equity rounds; debt, secondary sales and grants are totaled separately. Amounts in other currencies are converted at the announcement month's average rate. A ~ marks an estimated or converted amount.

Systems1

MatX One

An AI-computing chip.

Maturity not rated

Newest unveiled first. Open a system for its milestone timeline, components and sources.

Hiring Observations10 observed listings

A sample of observed listings, not a total vacancy count. Availability may have changed since collection. Categories are inferred from job titles.

Sources19

Show all 19 sources and supporting evidence

Profile2

  1. 1

    Black Flag · Supports Organization

    “Designs high-throughput chips optimized for large language models and advanced AI workloads, enabling scalable, cost-effective training and deployment of”
  2. 2

    LinkedIn · Supports Organization · employee range

    “employee_range: 11-50 (profile: 11-50 employees)”

Systems1

  1. 3

    MatX · Supports Organization · name, System

    “MatX: High-throughput chips for LLMs”

Funding3

  1. 4

    U.S. Securities and Exchange Commission · Mar 10, 2026 · Supports Funding round · amount

    “Total Amount Sold $ 527,876,453 USD”
  2. 5

    U.S. Securities and Exchange Commission · Dec 6, 2024 · Supports Funding round · amount

    “Total Amount Sold $ 94,994,997 USD”
  3. 6

    U.S. Securities and Exchange Commission · Dec 19, 2023 · Supports Funding round · amount

    “Total Amount Sold $ 24,908,675 USD”

People1

  1. 7

    Black Flag · Supports Organization, Role

    “MatX is revolutionizing artificial intelligence by designing high-throughput chips specifically optimized for large language models (LLMs). Founded by former”

Other12

  1. 8

    Supports Job posting

    “Silicon Design-for-Test (DFT) Engineer”
  2. 9

    Black Flag · Supports Job posting

    “Architect”
  3. 10

    Black Flag · Supports Job posting

    “ASIC/SOC CAD Engineer”
  4. 11

    Black Flag · Supports Job posting

    “ASIC/SOC Micro-Architect and RTL Design Engineer”
  5. 12

    Black Flag · Supports Job posting

    “ASIC/SOC Silicon Verification Engineer”
  6. 13

    Black Flag · Supports Job posting

    “Senior Technical Recruiter”
  7. 14

    Black Flag · Supports Job posting

    “Signal & Power Integrity Engineer”
  8. 15

    Black Flag · Supports Job posting

    “Software Engineer - Compiler”
  9. 16

    Black Flag · Supports Job posting

    “Software Engineer - Kernels”
  10. 17

    Black Flag · Supports Job posting

    “Software Engineer - Simulators”
  11. 18

    Black Flag · Supports Job posting

    “Technical Recruiter”
  12. 19

    Black Flag · Supports Job posting

    “Workplace Operations Lead”

Each fact on this page is attached to the sources that support it. Archived copies are linked when we keep one.